In 9月 Taiwan stocks surged 1811點 in a single month, securities settlement balances rose to 4兆6981億元 and margin balances to 8343億元, both new highs, M1B and M2 annual growth rates rose together, and the year-on-year growth rate of loans and investments hit a 28-year high.
Macro & Policy
October Taiwan Consumer Confidence Index fell to 66.27 points, down 2.5 points month-on-month. Purchases of durable goods plunged 10.81 points to 82.97 points, a new low in over 17 years, mainly due to price hikes for new iPhone and 三星 models, with consumers delaying phone upgrades, while housing market confidence also weakened.
A central bank report states that as of October 21 this year, foreign investors recorded a net outflow of USD 77.6 billion, with net foreign exchange sales of USD 17.04 billion in the first half to stabilize the market, while the NT dollar still depreciated 3.23%. In the second half, foreign exchange market pressure widened amid geopolitical risks and rate-hike expectations.
October Consumer Confidence Index stands at 66.27, down 2.5 month-on-month. Purchases of durable goods plunged 10.81 to 82.97, a more than 17-year low, while the timing for purchasing real estate fell 8.2, weighed down mainly by the sluggish housing market and tech inflation.
A US conservative think tank has proposed the concept of a red-green ecosystem, arguing that communism and radical Islamism are joining forces against the West; Fox News traced funding behind French protests to Shanghai-based American businessman Singham and his left-wing media network, drawing attention.
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